I am sincerely interested in learning more about how real estate folks use the web to market their products, what works and what does not, and real estate investing in general.

You have a good idea but look at what you set yourself up to fall victum to.You are wide open for agents and investors to flood you web-site and phone.Craigslist is good if you want to post a specific deal but to just put an open ended statement out there is a garunteed nightmare.You will be spending more of your time swatting away flys than working on deals.Why dont you try establishing your deals using signage and simple fllyers in your own town because there is a "Big market" right there in your city and all you have to do is tap into it.You are "Shot gunning" instead of using a more focused approach.How can you be successful nationwide if you have not made a name for yourself at home first.GET THAT MONEY MAN!

I've even read the Realtor's association web articles trying to get a sense of how they feel.

I will look up that person online so again, the web plays a huge role.Thanks for the great info Toby!

Basicaly your saying  put more in at a lower rate of return and then gamble on appreciation??  

As far as risks, I'd rather take the 10 years of certain cash flow with moderate appreciation over gambling on equity increases.

No, because a) that might be their luxury/vice item for all I know, which is 100% fine if it's viewed as a luxury item that they just really personally enjoy and gain happiness from (it's much less harmful than other vices, like drugs or gambling!)

It's a little bit of a gamble for both of you, but I think a fair one. 

These web based places (BP) aren't places older and more experienced folks except a few of us are aware of. 

It is web based but does have an app.